Detached House for sale at 32 Algoma Street, Toronto, Mimico, M8Y 1C3 - MLS: W12159745

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32 Algoma Street

Toronto, Ontario, M8Y 1C3

$2,175,000

Virtual Tour

Neighbourhood

Mimico
Major Intersection

Royal York & Queensway

Listed Since: 14 day(s)
Last update: today

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Overview

Property Type

Detached, 2-Storey
Bedrooms

3 + 1
Bathrooms

4
Basement

Fin W/O
Kitchen

1
Total Parking

2 (1 Built-In Garage)
Lot Size

125.43x25 (Feet)
Taxes

$8,154.00 (2024)
Type

Freehold

Property description for 32 Algoma Street, Toronto, Mimico, M8Y 1C3

Built four years ago featuring over 3000 square feet of total living space, 3 bedrooms + 4 bathrooms, this residence combines timeless beauty and modern sophistication. 13-foot ceilings await in the heart of the home where the open concept kitchen, dining and formal living areas make a statement. Kitchen Aid Pro appliances, an abundance of cabinetry, a stunning oversized centre island, gas fireplace, and bespoke finishes elevate the space, while large double sliding doors provide seamless indoor-outdoor flow. The family room is bright, spacious and tastefully done where natural finishes soothe making it the ideal spot to chill with the family. Two skylights illuminate the beautiful engineered wide plank hardwood floors throughout. Three expansive yet intimate bedrooms including a primary suite with walk-in closet, built-in cosmetic desk and 5 pc ensuite that is a sanctuary of calm. The possibilities are endless once you go to the lower level. Fully finished, featuring a large open-concept space, walk-out to the backyard, a wet bar, tons of storage, mud room and a 3-piece bathroom. This versatile space allows you to bring any vision to life. Perfectly suited to be a playroom, entertainment lounge, home gym, or game room. In the backyard, you will enjoy summer nights on your custom wood deck under the gazebo overlooking your spacious fully fenced + hard landscaped yard. The neighbourhood offers seamless access to Mimicos most desirable parks, scenic hiking trails, and acclaimed dining destinations including the legendary Sanremo Bakery. Public Transport, the GO, Gardiner, and 427 will have you anywhere with ease. The buzz of Downtown Toronto is less than 15 minutes away.

Listed by FOREST HILL REAL ESTATE INC.

Property details

MLS #

W12159745
Sq. Ft

2000-2500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

0-5
Pool

None
Drive

Private
Garage

Built-In, 1 spaces
Total Parking

2
Family Room

Y
Den

Y
Exterior

Stone
Fireplace

Y
Roof

Unknown
Foundation

Unknown
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

W12159745
Sq. Ft

2000-2500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

0-5
Pool

None
Drive

Private
Garage

Built-In, 1 spaces
Total Parking

2
Family Room

Y
Den

Y
Exterior

Stone
Fireplace

Y
Roof

Unknown
Foundation

Unknown
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Living

2.4 x 4.0 ft Ground level

B/I Bar, Open Concept, Combined W/Dining
Dining

3.3 x 5.5 ft Ground level

W/O To Deck, Gas Fireplace, Coffered Ceiling
Kitchen

3.0 x 4.6 ft Ground level

Centre Island, Stainless Steel Appl, Modern Kitchen
Family

3.7 x 6.8 ft In Betwn level

Large Window, Bay Window, Separate Rm
Primary

3.5 x 5.8 ft 2nd level

5 Pc Ensuite, W/I Closet, B/I Vanity
2nd Br

3.6 x 3.9 ft 2nd level

B/I Desk, B/I Shelves, Closet
3rd Br

3.6 x 4.1 ft 2nd level

Large Window, O/Looks Backyard, Closet
Rec

5.2 x 5.4 ft Bsmt level

Walk-Up, Gas Fireplace, Double Closet
Mudroom

2.0 x 2.9 ft Bsmt level

3 Pc Bath, Wet Bar, Closet

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History for 32 Algoma Street, Toronto, Mimico, M8Y 1C3

This property has been sold 3 times before.

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Local Real Estate Price Trends

Active listings

Average Selling Price of a Detached

May 2025

$1,143,221

Last 3 Months

$1,269,407

Last 12 Months

$1,441,334

May 2024

$1,301,667

Last 3 Months LY

$1,240,909

Last 12 Months LY

$1,361,170

Change

14%

Change

-2%

Change

-6%

Historical Average Selling Price of a Detached in Mimico

Average Selling Price

3 years ago

$1,390,000

Average Selling Price

5 years ago

$1,102,600

Average Selling Price

10 years ago

$805,175

Change

22%

Change

-4%

Change

-30%

Number of Detached Sold

May 2025

Last 3 Months

Last 12 Months

May 2024

Last 3 Months LY

Last 12 Months LY

Change

-10%

Change

38%

Change

14%

How many days Detached takes to sell (DOM)

May 2025

Last 3 Months

Last 12 Months

May 2024

Last 3 Months LY

Last 12 Months LY

Change

-53%

Change

-54%

Change

-35%

Average Selling price

Inventory Graph

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.